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Economic Development and the Division of Labor

ISBN: 978-0-631-22004-6
Paperback
664 pages
April 2003, Wiley-Blackwell
List Price: US $119.50
Government Price: US $82.52
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  • Inframarginal Analysis vs. Marginal Analysis is presented as a consistent theoretical framework throughout.
  • Shows how the relationship of Inframarginal Analysis to Marginal Analysis has influenced the shift back to an interest in Classical Economics from Neoclassical Economics with regard to economic development.
  • Allows economists to reduce their overall reliance on marginal analysis, which may be less relevant to development economics than it is to the economics of development countries.
  • Brings considerable analytic machinery to bear on important problems.
  • A focus on institutions and transaction costs that is very relevant to development economics.
  • Offers a thorough analysis of trade (CHs. 3 - 7) and macroeconomics (CHs. 16 - 19), both of which are not dealth with in depth by comparable textbooks.

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